PROPOSED MODEL FOR ENVIRONMENTAL RISK MANAGEMENT UNDER SUSTAINABILITY ACCOUNTING STANDARD (RESOURCE CONVERSION TO ELECTRICAL AND ELECTRONIC EQUIPMENT STANDARD): AN APPLIED STUDY AT THE BATTERY FACTORY – BABYLON PLANT 2

Abstract

The main aim of the research is to demonstrate the application of environmental risk management under the Resource Conversion to Electrical and Electronic Equipmenint Standard to reduce environmental risks. The implementation of this standard will assist industrial companies in producing environment-friendly products, as well as reducing production costs and improving battery quality. Several conclusions were reached, including that the implementation of the Resource Conversion to Electrical and Electronic Equipment Standard will help in managing hazardous waste (liquid and solid) to preserve the environment and reduce costs, thus achieving the goals of sustainability accounting by reducing environmental risks.This will have a positive impact on society. The study recommends that the General Company for Automotive and Equipment Industry (Battery Factory - Babylon Plant 2) adopts the Resource Conversion to Electrical and Electronic Equipment Standard to reduce environmental risks.